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. >> joseph ratzinger, matt, in 2005, was one of only two cardinals who had participated in the papal elections. the two elections of 1978. he knows exactly what the purchas burden of responsibility is that these men are taking on themselves. he knows the conflicting emotions that many of them have. some of which greg and father baron have just described. i think he was saying to them, look, i know how you feel. and i am going to be with you in solidarity and in prayer over the next several weeks. of what is going to be a difficult test. >> at the same time, he has made clear, he does not want to exert undue influence on the process. this is not somebody who's behind the scenes twisting arms saying this should be the next pope? absolutely not, savannah. he is going to disappear. we're not going to see this man for months. he's too much a respecter of the process. he's too much of a respecter of his brother cardinals. and he's too, frankly, humble a human being to try to monkey in any way whatsoever with the selection of his successor. >> matt? >> yeah, i was curious, though, and fathe
moments. >> reporter: joseph ratzinger was elected pope benedict xvi in april of 2005. the college of cardinals did not pick an unknown quantity. he was considered one of the catholic church's finest minds. he was the professor watching the back of his star-like predecessor john paul ii, whom he served as a trusted adviser and friend. many expected the severe german cardinal would bring his strict style to the papacy, and in some ways, he has. he reaffirmed the church's strong opposition to abortion, gay marriage, and euthanasia. in his first major ruling as pope, he imposed restrictions on homosexuals becoming priests. in the year following his election, during a trip to germany, pope benedict made perhaps the most controversial remarks of his papacy, addressing a group of scholars. he quoted a byzantine emperor, asserting the prophet muhammad brought things "only evil and inhuman." the comment sparked outrage and protests in many muslim countries. the pope tried to defuse the anger by clarifying the quote did not express his personal views but stopped short at an outright apology
. what has struck me in the 25 years i have known the man who will return to being joseph ratzinger, is the simplicity of his soul. this is a thoroughly convinced christian believer who happens to be one of the smartest people in the world who speaks six or seven languages with complete flewency, who knows the history of biblical religion from "a" to "z." who never wanted to be an executive, a manager, who always thought of himself primarily as a scholar. but who somehow could translate all of that learning into beautiful simplicities about god's love for the world and for god's people. >> and, george, even as we honor the service of this pope, we look forward to the election of a new pope. and tell us about this process. i mean, is this a sort of thing where, for lack of a better term, there are front-runners? >> there will be an enormous amount of ink spilled in the italian press over the next two weeks about front-runners. most of that would be silly. there are a number of cardinals who fit what would seem to me to be the profile. first of all, a man in full physical vigor. that
knew benedict when benedict was joseph ratzinger. >> he could work with a real crowd and with his experience in theater and poetry and everything, he would really reach people like that. >> widmer, an author who teaches at catholic university, says as a swiss guard you never spoke to a pope or cardinal unless he addressed you first but he and benedict would chat when benedict was waiting to see pope john paul. >> completely open. >> reporter: what was he like to talk to? >> very -- he would ask me what my interests were and how i felt and how i saw things. >> reporter: and with a sense of humor, like when benedict offered to sign widmer's copy of a book that he written which was pretty thick. >> when i gave it to him he said, you're really reading this? and i said, i'm trying. he said, it helps to do it in small steps. >> reporter: but he also had a personal crisis as a guard, spending his first christmas away from home. john paul helped him through that. >> i sort of had a meltdown and right at that moment he comes out of his apartment and he noticed and he reached out to me and
, after eight years, formal cardinal joseph rat ratzinger retires as pop. as we continue to see what the conclave will do as we search for his successor as the entire world watches what is happening with him. >>> got some breaking news out of the new york fed. a hard right turn here to steve liesman. >> why does this always happen to me, carl? >> hard to follow the pope, my man. >> exactly. let me do my best. the new york fed reporting that total consumer indebtedness rising a scant 3% to 11.3 trillion. housing debt was flat. it was a small gain but the first gain we've seen since the first quarter of 2011, that was thought to be a bit of a statistical anomaly. so maybe this is the first real gain. let me show you what rose. auto loans up 15 billion. credit cards up 5 billion. the perennial student loans up 10 billion and they have been rising quite a bit. delinquencies are quite high. all delinquencies declined except for student loans and they were up almost 12% and probably because of a whole bunch of different reasons, carl, they could be twice as high as that. carl, back to you.
Search Results 0 to 5 of about 6 (some duplicates have been removed)